Origaudio
Origaudio - Electronics portable speakers
Pitch Details
Season / Episode
S2E8
May 6, 2011
Ask
$150,000
for 15%
Ask Valuation
$1M
Deal
$150,000
for 15%
Deal Terms
Amount$150,000
Equity15%
Valuation$1M
Robert HerjavecWhat Happened Next
Deal Fell Through
Company doubled revenue between filming and airing; valuation no longer made sense
Acquired
$10M
estimated
- Deal with Robert Herjavec for $150K/15% on Season 2; deal fell through post-show
- Fold-and-play recyclable speakers and promotional products
- Pivoted to become a major promotional/corporate products company
- Grew revenue significantly through B2B corporate gifting
- Acquired by HPG Brands (Hub Promotional Group) in 2018; brand continues operating under HPG
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